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Note 6 - Employee Benefit Plans
6 Months Ended
Jul. 02, 2017
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
NOTE
6
– EMPLOYEE BENEFIT PLANS
 
The following tables provide the components of net periodic benefit cost for the
three
-month and
six
-month periods ended
July 2, 2017
and
July 3, 2016,
respectively:
 
 
 
Three Months Ended
   
Six Months Ended
 
Defined Benefit Retirement Plan (Europe)
 
July 2, 2017
   
July 3, 2016
   
July 2, 2017
   
July 3, 2016
 
 
 
(In thousands)
   
(In thousands)
 
Service cost
  $
397
    $
263
    $
780
    $
521
 
Interest cost
   
1,378
     
1,728
     
2,712
     
3,448
 
Expected return on assets
   
(1,628
)    
(2,007
)    
(3,216
)    
(4,004
)
Amortization of prior service costs
   
(9
)    
(9
)    
(16
)    
18
 
Recognized net actuarial losses
   
320
     
184
     
629
     
368
 
Net periodic benefit cost
  $
458
    $
159
    $
889
    $
351
 
 
 
 
 
Three Months Ended
   
Six Months Ended
 
Salary Continuation Plan (SCP)
 
July 2, 2017
   
July 3, 2016
   
July 2, 2017
   
July 3, 2016
 
 
 
(In thousands)
   
(In thousands)
 
Service cost
  $
0
    $
110
    $
0
    $
220
 
Interest cost
   
314
     
317
     
628
     
634
 
Amortization of loss
   
91
     
203
     
182
     
405
 
Net periodic benefit cost
  $
405
    $
630
    $
810
    $
1,259